echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > In the first quarter, China, the United States and India continued to lead the global solar market

    In the first quarter, China, the United States and India continued to lead the global solar market

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    According to the Solar Energy Industry Association (SEIA), in the first quarter of 2019, China added 5.
    2 GW of new solar PV installations, the United States added 2.
    7 GW, India added 1.
    7 GW, and the three countries continued to lead the global solar PV market
    .

    By the end of March 2019, China's solar PV installed capacity had reached 179.
    7 GW, a year-on-year increase of 28%.

    But the first quarter of 2019 was down nearly 40%
    compared to 9.
    7 GW in the first quarter of 2018.

    The United States became the world's second-largest solar market after China for the second consecutive quarter, adding 2.
    7 GW of new PV installations in the first quarter, up more than 10% year-on-year, but down 37%
    from the fourth quarter of 2018.

    According to Mercom India Research's latest Q1 2019 Indian Solar Market Report, Indian solar PV installations fell 49% year-on-year in Q1 2019, compared to 3.
    4 GW
    installed in Q1 2018.

    Mercom India Research also predicts that India will add about 9 GW of solar power in 2019 and will have to increase steadily over the next 3 years to reach the target
    of 100 GW of solar PV installed capacity by the end of 2022.

    According to the Solar Energy Industry Association (SEIA), in the first quarter of 2019, China added 5.
    2 GW of new solar PV installations, the United States added 2.
    7 GW, India added 1.
    7 GW, and the three countries continued to lead the global solar PV market
    .

    solar energy

    By the end of March 2019, China's solar PV installed capacity had reached 179.
    7 GW, a year-on-year increase of 28%.

    But the first quarter of 2019 was down nearly 40%
    compared to 9.
    7 GW in the first quarter of 2018.

    The United States became the world's second-largest solar market after China for the second consecutive quarter, adding 2.
    7 GW of new PV installations in the first quarter, up more than 10% year-on-year, but down 37%
    from the fourth quarter of 2018.

    According to Mercom India Research's latest Q1 2019 Indian Solar Market Report, Indian solar PV installations fell 49% year-on-year in Q1 2019, compared to 3.
    4 GW
    installed in Q1 2018.

    Mercom India Research also predicts that India will add about 9 GW of solar power in 2019 and will have to increase steadily over the next 3 years to reach the target
    of 100 GW of solar PV installed capacity by the end of 2022.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.